AREA REPORTS

New Town

 

 

SA/
New town

Suburb Profile

New Town - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5554

house

Property investors have seen a 6.1% gain in NEW TOWN based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NEW TOWN, 5554 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $217,500

Profits averaged -5.9% per annum over a 3-year period, due to an downward trend in home prices in NEW TOWN, 5554.

This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.

The gross rental yield in NEW TOWN, 5554 is 6.69%.

An average of 1.42 real estate transactions take place per month in NEW TOWN which translates to 17 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $217,500 N/A
GROWTH REPORT
Median Quarterly 6.1% N/A
Median 12 month -5.43% N/A
Median 3 years -17.69% N/A
Median 5 years -30.62% N/A
10 years average annual 1.33% N/A
Weekly media advert. rent $280 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 6.69% N/A
demographics (median values)
Total Population
1403
Weekly Household Income
759.6
Household Size
2.70
demographics
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